Global

US multi-family sector provides lessons for UK PRS

At first sight, build-to-rent appears unlikely to make a huge impact on the UK’s burgeoning lettings sector. The reality, however, is different.

For although build-to-rent – also known as the private rented sector – is in its infancy and currently concentrated in greater London, many industry analysts regard it as a prospective asset class with the vast potential to expand across the UK.

Knight Frank, having interviewed 16 large-scale build-to-rent investors, believes that the sector will be worth £50bn by 2020, accounting for 5% of the market by value, up from 2% today, and that the lettings market will boom in…

Other News

Here’s looking at YOO

“Waking up worrying in the middle of the night, feeling like the sky is falling on your head, is a sensation most successful people have… Read more »

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CC Land’s next big play

When Dickie Wong is in London his phone doesn’t stop ringing. The CC Land deputy chairman, who led the £1.15bn acquisition of the Cheesegrater, EC3,… Read more »

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New ULI president Chris Choa puts focus on connectivity

“Connectivity is destiny.” It sounds more like the tagline of an epic Hollywood film trailer than the mantra of the Urban Land Institute’s new UK president. But… Read more »

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